• Ambev S.A average return on investment for 2023 was 16.32, a 0.61% decline from 2022.
• Ambev S.A average return on investment for 2022 was 16.42, a 3.34% decline from 2021.
• Ambev S.A average return on investment for 2021 was 15.89, a 17.27% increase from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.